PENGARUH KUALITAS AKRUAL TERHADAP SINKRONITAS HARGA SAHAM (Studi Empiris pada Perusahaan Bursa Efek Indonesia)

Reni Septiani - Jurusan Akuntansi Fakultas Ekonomi UNP

Abstract


This research is intended to know (1) the effect of accrual quality on stock price synchronicity, (2) the effect of the innate accrual quality to the stock price synchronicity and (3) the effect of the discretionary accrual quality on stock price synchronicity. The research was conducted on 54 manufacturing companies listed on the Indonesian Stock Exchange in 2012, 2013 and 2014. Sampling method using purposive sampling. This research uses multiple regression analysis. The results of this research indicate that the accrual quality has a positive and insignificant effect on stock price synchronicity, and the innate accrual quality component and the discretionary accrual quality component show the direction of negative relationship but no significant effect on stock price synchronicity.

Keyword : Accrual quality, Discretionary accrual quality, Innate accrual quality, Stock price synchronicity


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